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Moral entitlements and aspiration formation in asymmetric bargaining: Experimental evidence from Germany and China

Hennig-Schmidt, Heike; Walkowitz, Gari - In: Games 8 (2017) 4, pp. 1-25

Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers' aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations from...

Persistent link: https://www.econbiz.de/10011852710

Time Preferences and Bargaining

Schweighofer-Kodritsch, Sebastian - 2017

This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining …

Persistent link: https://www.econbiz.de/10011932903

Why Should Majority Voting Be Unfair?

Breitmoser, Yves; Tan, Jonathan H.W. - 2017

experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game … distribution and bargaining games from three seminal social preference experiments. …

Persistent link: https://www.econbiz.de/10011932915

Stakeholders, Bargaining and Strikes

Shields, Michael A.; Price, Stephen Wheatley - 2001

We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …

Persistent link: https://www.econbiz.de/10010262598

Does Divorce Law Matter?

Mariotti, Marco; Manzini, Paola; Fella, Giulio - 2002

In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...

Persistent link: https://www.econbiz.de/10010262808

Envy Freeness in Experimental Fair Division Problems

Herreiner, Dorothea K.; Puppe, Clemens - 2004

experimental literature. We present and discuss results from free-form bargaining experiments on fair division problems where the …

Persistent link: https://www.econbiz.de/10010263123

Disagreement and authority

Ellingsen, Tore; Miettinen, Topi - 2007

Can two negotiators fail to agree when both the size of the surplus and the rationality of the negotiators are common knowledge? We show that the answer is affirmative. When the negotiators can make irrevocable commitments at a low but positive cost, the unique symmetric equilibrium entails...

Persistent link: https://www.econbiz.de/10010263800

A stochastic multiple players multi-issues bargaining model for the Piave river basin

Sgobbi, Alessandra; Carraro, Carlo - 2007

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …

Persistent link: https://www.econbiz.de/10010264274

Building the family nest: pre-marital investments, marriage markets and spousal allocations

Iyigun, Murat; Walsh, Randall P. - 2005

We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...

Persistent link: https://www.econbiz.de/10010267526

Wage and employment effects of non-binding minimum wages

Dittrich, Marcus; Knabe, Andreas - 2010

bargaining models between unions and firms. While the Nash bargaining solution is unaffected by minimum wages below initially … bargained wages, we show that such minimum wages can drive up wages - and be harmful to employment - when bargaining follows the …

Persistent link: https://www.econbiz.de/10010270871